Goldman says there are three big stock buyers that will keep the record rally going

By: Pippa Stevens

The S&P 500 surged to a new all-time high on Monday, and Goldman Sachs says the bull market will keep on rolling into 2020 on the back of three big buyers: corporations, foreign investors and US households.

Companies will spend $470 billion on stocks next year, with foreign investors and US households contributing $50 billion and $30 billion respectively, the firm found.

To read more:

Leave a Reply

Your email address will not be published. Required fields are marked *